British American Tobacco (LON:BATS) Rating Reaffirmed
Nomura now has a GBX 4410 PT on shares of British American Tobacco (LON:BATS). The PT could mean a potential upside of 14.52% from the closing share price of British American Tobacco (LON:BATS). This rating was released in an interesting research report on Friday, 27 November.
From a total of 18 analysts covering British American Tobacco PLC (LON:BATS) stock, 12 rate it a ”Buy”, 1 a “Sell”, and 5 a ”Hold”. This means that 67% of the ratings are positive. The highest target price is GBX 4410 while the lowest target price is GBX 3000. The mean of all analyst targets is GBX 3944.63 with a 1.18% above today’s (GBX 3898.5) stock price. British American Tobacco PLC was the topic of 72 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on November 27 with “Buy” rating. JP Morgan maintained shares with “Overweight” rating and GBX 4350 target share price in a report from a November 10. BNP Paribas maintained BATS stock in a recent report from November 24 with “Neutral” rating. Deutsche Bank maintained the rating on October 29. Deutsche Bank has a “Buy” rating and a GBX 4000 price target on shares. Finally, RBC Capital Markets maintained the stock with “Underperform” rating in a report issued on a November 13.
The stock increased 0.61% or GBX 23.5 on November 27, striking GBX 3898.5. Approximately 1.60 million shares of stock traded hands. British American Tobacco plc (LON:BATS) has risen 7.10% since May 1, 2015 and is uptrending. It has outperformed by 7.99% the S&P500.
British American Tobacco PLC is a global tobacco firm with brands sold in more than 200 markets. The company has a market cap of 72.66 billion GBP. The Company’s four principal brands include Dunhill, Kent Lucky Strike and Pall Mall. It has 18.1 P/E ratio. The Firm has many other international and local brands, including State Express 555, Vogue, Viceroy, Kool, Peter Stuyvesant, Shuang Xi, Craven A, Benson & Hedges and John Player Gold Leaf.